Struggling energy companies are getting money from an unlikely source
Banks have been pulling back from lending to energy companies.
Hedge funds and buyout firms have been stepping in to the void.
The oil price is down more than 50% since mid-2014, and banks are less eager to lend to struggling oil companies. Regulators are also wary of risky junk-rated loans and bonds.
Don Dimitrievich, managing director at Highbridge Principal Strategies, said in a panel at the Debtwire investors summit on Tuesday:
Due to the fallout in credit crisis, regulators h
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